Company News for July 6, 2012 - Corporate Summary

By: Zacks.com

Posted: 7/6/2012 10:06:00 AM

Referenced Stocks: AAPL;NFLX;VC;WAG

• Netflix, Inc.'s (NASDAQ:
NFLX
) CEO Reed Hastings said that for the first time the company's
streaming service recorded over 1 billion hours last month. The
announcement helped the Netflix shares gain 13.4%

• Reports that Apple Inc. (NASDAQ:
AAPL
) will launch a smaller iPad tablet at the end of this year helped
the company's shares jump 1.8% to cross the $600 level

• Visteon Corporation (NYSE:
VC
) will be making a near $800 million bid to acquire complete
control of air-condition manufacturer Halla Climate Control